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Sunday, February 3, 2008

MediShield

Medishield is a medical insurance scheme operated by Central Provident Fund. It pays 80% to 90% of hospital bills above $1,000/ $1,500. It covers daily charges up to $250 per day ($500 for intensive care) and up to certain limits for surgery, implants, radiosurgery and outpatients.

There is an option for you to buy a private Shield plan (instead of MediShield) to get higher coverage. You have to pay a higher premium.

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